South Dakota Codified Laws 55-3-29.1. Defense of laches not available
Current as of: 2023 | Check for updates
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No beneficiary of a trust may assert the defense of laches in any proceeding to modify, reform, or terminate a trust pursuant to §§ 55-3-23 to 55-3-29, inclusive.
Terms Used In South Dakota Codified Laws 55-3-29.1
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
Source: SL 2009, ch 252, § 22.